GMR Infrastructure has reported a standalone net loss of Rs 381.93 crore for the quarter ended December 2016. The company posted a net profit of Rs 40.01 crore in the corresponding quarter of the 2015-16, it said in a BSE filing.
RIL & Adani Group withdraw bid to acquire SKS Power Generation
Ahmednagar to soon have its first solar agri-feeder
Brookfield to Acquire KKR’s 50% Stake in Renewable Developer X-Elio
SCHOTT enters PPA with CleanMax for Wind Solar Hybrid Project
Power Grid Corporation receives 6 Special Purpose Vehicles from REC
Power Finance Corporation to receive Rs 165 cr loan from Japan’s JBIC
Delhi aims to meet annual electricity demand through solar power
BCCL signs 1st MDO contract for coking coal extraction
NTPC REL: Sterling & Wilson Renewable Energy bags order
GAIL and Shell reach an agreement to discuss ethane supply
NTPC commissions green coal plant in Varanasi
Power plants in Delhi fails to adhere to biomass co-firing policy
JSW Steel plans to invest in a virgin coking coal mine
Adani Transmission gets certified as single-use plastic-free firm
Coal India targets 156 MT coal supply to power sector in April-June
NLC establishes green energy joint venture with Assam Discom
GMDC bags 2 coal blocks in Odisha
2,000 MW renewable energy projects to be developed by Onix Group in UP
RBI grants IREDA the status of Infrastructure Finance Corporation
GMR Infra posts Rs 382 crore Q3 loss
GMR InfrA arm submits bid for GreeK airport
GMR InfrastructureÂ´s subsidiary, GMR Airports (GAL), has submitted a bid along with its partner GEK Terna Group of Greece for the development
GMR Infra gains after subsidiary sells stakes in transmission projects
GMR Infrastructure rose 1.27 per cent to Rs13.54 on the BSE after the companyÂ´s subsidiary entered into definitive agreements with Adani Transmission to transfer the interest in its transmission projects.
Financial bids invited for Navi Mumbai airport
The City and Industrial Development Corporation (CIDCO) has invited financial bids for the proposed Navi Mumbai airport.
Fraport looks to exit Delhi International Airport venue
GermanyÂ´s Fraport is looking to sell its entire stake in DIAL, a joint venture operating the IG International Airport in the national capital.
Kakinada SEZ to turn into Chinese hub
Kakinada SEZ, a subsidiary of GMR Infrastructure will turn into a Chinese manufacturing hub sprawled across 2,000 acre
GMR Infra to raise Rs.4,000 cr
GMR Infrastructure plans to raise Rs 4,000 crore by FY16 through divestment of assets and share sale to reduce debt and ease cash flow. The loss-making infrastructure company plans to divest projects, monetise land assets and sell stake at holding company level to raise funds.
GMR bags rail doubling work
A consortium led by GMR Infrastructure has won three construction packages of rail line doubling of the Multi Modal Transport System (MMTS) Phase II works on the Secunderabad division of South Central Railway. Rail Vikas Nigam Ltd
GMR Infra gets Rs 1,740 cr from stake sale in Istanbul
GMR Infrastructure has received Rs 1,740 crore towards divestment of 40 per cent stake in Istanbul Sabiha Gokcen International Airport in favour of Malaysia Airport Holdings Berhad.
GMR to build airport in Philippines
GMR Infrastructure has made an upfront payment of 14.4 billion Philippine pesos (about $320 m) and signed the concession agreement to develop and operate the Mactan Cebu International Airport in the Philippines.